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- Great ariticle, would you like to share it?Warren Buffett says this is the best type of business to own when inflation spikes — in other words, what you should buy right now
Warren Buffett says this is the best type of business to own when inflation spikes — in other words, what you should buy right now
Inflation is high. You might as well profit from it.High inflation rates in the country have become a serious concern on Wall Street.But fortunately for everyday investors, Berkshire Hathaway chief Warren Buffett has plenty of experience in navigating such an environment.Buffett managed a stock portfolio through periods of double-digit inflation rates in the 1970s and has plenty of advice on what to own when consumer prices spike.In a 1981 letter to Berkshire shareholders, Buffett highlighted tw - $Luokung Technology Corp(LKCO)$ negative net income and low revenue for the past 5 years. What's so attractive about this stock to cause the last few spikes?
